Circle Internet Group reported third-quarter 2026 revenue and reserve income of $864.9 million on Nov. 4, up 17% from a year earlier. Net income from continuing operations rose 5% to $226 million, while adjusted EBITDA increased 85% to $317 million. Adjusted earnings per share reached 84 cents, compared with analysts' 37-cent estimate, and revenue exceeded forecasts of $778 million by more than 11%. Other revenue climbed to $207 million, including $182 million from the ARC token presale, while reserve income fell 8% to $658 million as the average return on USDC reserve assets declined to 3.5%. Average USDC circulation rose 8% to $73.3 billion, but its stablecoin market share fell to 27%. USDC onchain transaction volume increased 49% to $13.9 trillion. Circle launched Arc's public mainnet on Sept. 16 with 11 founding validators and more than 100 builders, and Circle Payments Network reached $41.3 billion in annualized payment volume. The company reaffirmed its approximately $400 million, all-share agreement to acquire Singapore-based Tazapay, disclosed a $100 million Binance investment and reduced its workforce by about 5%, recording $9.15 million in restructuring expenses. Circle maintained its full-year adjusted operating expense forecast of $570 million to $585 million.